Sep 6, 2017   SOURCE: PR NewsWire

Global All-Wheel Drive Motorcycles Market 2017-2021: Increasing Sales of Off-Road Motorcycles

DUBLIN, September 6, 2017 /PRNewswire/ --

The "Global All-Wheel Drive Motorcycles Market 2017-2021" report has been added to Research and Markets' offering.

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The global all-wheel drive motorcycles market to decline at a CAGR of 20.55% during the period 2017-2021.

The report, Global All-Wheel Drive Motorcycles Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the all-wheel drive snow bikes - a rising trend. Developments in the off-road motorcycles have led to the introduction of snow bikes. However, there are differences in snow bikes compared with off-road motorcycles. The AWD snow bikes have been designed by not only modifying the transmission system but also by modifying the wheel design to provide necessary floatation to them. As the snow bikes have an efficient wheel design to ride on the snow, they are equipped with the rear wheel drive system. But the increasing demand for higher efficiency in snow bikes has forced the manufacturers to manufacture AWD snow bikes.

According to the report, one of the major drivers for this market is the increasing sales of off-road motorcycles. The global off-road motorcycle market was estimated at 197.80 thousand units in 2016, and it is expected to reach 285.20 thousand units by 2021, with a fluctuating growth rate at a CAGR of 7.59% during the forecast period. The off-road motorcycle market is growing consistently in terms of volume, whereas the growth rate is fluctuating. This growth is owing to increasing demand for off-road motorcycles because of increasing viewership of off-road motorcycle events like Motocross, enduro racing, Supercross, Arenacross, etc. Also, there is an increase in telecast for these events through television and online channels.

Key vendors

    --  Christini Technologies
    --  Rokon
    --  Yamaha Motor Corporation

Other prominent vendors

    --  Ural Motorcycles
    --  Honda
    --  KTM
    --  BMW

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

PART 07: Decision framework

PART 08: Drivers and challenge

PART 09: Market trends

PART 10: Vendor landscape

PART 11: Key vendor analysis

PART 12: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/3m8p74/global_allwheel

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SOURCE Research and Markets